Current Situations in the Cent Project

Hello dear Hive Community. As previously announced, we have stopped publishing repetitive content reports. As long as there are no significant changes in the Cent Project and the work we are doing, we will spend our time focusing on our work. We will only share the current status with you a few times a month.

The volatility in the Hive price has been extremely high for about a month. In particular, the launch of Hive Coin futures on some centralized exchanges may be one of the main reasons for this volatility. As things get back on track and liquidity and trading volume increase in the spot and futures markets, the Hive price will stabilize. Trading Hive Coin is more attractive than other alternatives. Many users have directed their Hive liquidity to centralized exchanges. Due to the extreme volatility in the Hive price, the value of Hive-Engine tokens has decreased. H-E tokens have not yet adapted to the extreme volatility. Due to the reasons mentioned, there have been positive or negative changes in our work. For example; As part of the delegation efforts, the HBD rewards we distributed decreased from 60 HBD to 45 HBD. However, the amount of HP delegation we received in a short time exceeded 100,000 HP.

TRADE Token Work:

• We recently traded HBD, Bee, Leo, Pob, Bbho, Pepe, Vyb, etc. We mainly chose the token we traded from the tribal token category. We allocated a large portion of the return we obtained from trade and investments for TRADE token repurchase. Therefore, no new LP rewards were added to the Hive/Trade liquidity pool. There are LP rewards worth $2020 in the liquidity pool. Current APR is 43%.
• As part of our Inleo.io collaboration, we have increased our market making activities in the Hive/Leo market. We will gradually increase the activity in the token market.

TRIBE Token Study:
The integration of Delegation Studies and Tribe Token Studies, as we announced about ten days ago, continues.

• The @hive-173575 account has approximately 3230 Bee, 86,500 Pob, 4,000 Leo, 7,000,000 Sports, 23,000 Neoxag, and 15,000 Vyb. We staked approximately 250,000 Cent, 200,000 Pob, 1,800 Bee, 90,000 Vyb, 1.200 Bbho, 1,000,000 Sports, and 850,000 Pepe to the @centtoken account. We also received approximately 102,000 HP, 2,000 Bee, 4,700,000 Cent, 307,500 Leo, 12,300 Pob and 94,000 Vyb delegations to the @centtoken account.
• We distributed 45.8 HBD, 198 Hive and 33,868 Cent as delegation rewards this week. Delegation reward distribution APR rates were as follows;
  HP 15% APR (10% Hive, daily distribution, 5% staked Cent, Weekly distribution)
  Bee 17% APR (10% Hive, daily distribution, 7% staked Cent, Weekly distribution)
  Cent 25% APR (HBD, Weekly distribution)
  Leo 15% APR (HBD, Weekly distribution)
  Pob 20% APR (HBD, Weekly distribution)
  Vyb 20% APR (HBD, Weekly distribution)
  Note: Delegation work has certain conditions. You can check the current data here.
• We continue to add tokens from the TRIBE Token Work to the Cent/Tribe liquidity pool on a daily basis. There are $416 worth of LP rewards in the pool. Current APR is 67%.

Bee/BEED Token Study:
The study announcement was published about 4 days ago. You can reach the relevant announcement here.

• There are $364 worth of LP rewards in the Cent/Bee liquidity pool. Current APR is 87%.
• There are $196 worth of rewards in the Cent/BEED liquidity pool. Current APR is 168%.

Cent Token has fallen to 0.003 Hive. Taking advantage of the low token price, we integrated some Cents into the Trade and Tribe liquidity pools. TRADE Token is trading at 1.8 Hive. TRIBE Token is trading at 0.93 Hive. When the price of Cent starts to rise a little, we will gradually withdraw the said Cent liquidity. In this way, we will reduce the amount of Cents in the market while Tribe and Trade tokens maintain their value. It will also be seen in the monthly tokenomics report; we have increased the amount of burned Cents considerably. Again, as mentioned in the 2025 predictions regarding the token, we are gradually starting to withdraw Cents from the market. We will try to direct the Cents in circulation to liquidity pools and staking as much as possible. All of our work is aimed at this purpose. Stay tuned for new news and announcements.

Posted Using INLEO